5.3 BTC Market Analysis and Strategy 1. Market Analysis The non-farm payroll data has minimal impact. The 97,500 resistance level is strongly suppressed by the bears, with intense tug-of-war between bulls and bears. Technically, the K-line has broken below the middle band of the Bollinger Bands and continues to close with bearish candles. The Bollinger Bands are narrowing, and the middle band is turning downward, indicating weakening bullish momentum. The price is approaching the critical support level of 96,000, and if breached, it could trigger a technical pullback. Currently, the market is oscillating within a range. The short-term resistance is around 98,000, and the support is near 96,000, with bulls and bears temporarily balanced. 2. Trading Strategy Weekend market activity is low, and a unilateral trend is unlikely. It is recommended to trade within the range by selling high and buying low: 1) Short-term ① Long Position: Enter lightly in the 96,500–96,000 range upon seeing a signal of stabilization, targeting 98,000. ② Short Position: Enter lightly in the 97,500–98,000 range if resistance and stagnation are observed, targeting 96,000. Strict stop-loss measures must be applied. 2) Dollar-Cost Averaging (DCA) Follow the DCA plan I provided for $BTC, $ETH, and $SOL based on your portfolio and place orders accordingly.
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